the new company would be the world's biggest arms manufacturer, far surpassing bowling, for example. -- surpassing bowling, for example. germany and france will both have to approve the transaction. those are high hurdles. decisions are expected by mid october. >> let's get a closer look at how stocks reacted to that of other news. >> the news about the intent to merge shocked investors, the shares dropped like stones. bae windows 7% and eads lost a lot more than 10%. strategically, the experts say it makes good sense in the market these days, but investors fear through the merger process they could lose financially. besides that, the big topic of the day was the u.s. central bank, the fed. the problem is the news of whether it would buy bonds in order to support the ailing u.s.